June's sales volumes was slightly stronger than a year ago. This June we saw 338 sales compared to 317 in 2014 so pretty much the same however there were 40% more homes/condo's that sold at or above $1,000,000. So that's significant! 83 versus 59.
That also helped the detached 2-storey sales market to have an average sale price of $1,144,000. A year ago it was $1,032,000.
When you compare sales volumes for the first 6 months the trend is still almost the same. In 2015 there were 1685 sales and in 2014 1666 sales. And home sales volumes for homes & condo's selling at or above a million dollars rose 25% for the first half of the year. 390 versus 313.
The rental market is a little bit lower with 76 sales this June compared to 87 a year ago.
Financing remains very attractive with 5 year mortgage money offered as low as 2.54% and 3 & 5 year variable mortgage money offered at 2.20% & 2.15%, respectively. Hard to beat!
